Molten Industries

The majority of steel today is made with coal, resulting in about 8% of global CO2 emissions. Today Molten Industries is announcing a project with United States Steel Corporation and CPFD Software supported by a $5.4M U.S. Department of Energy grant to integrate Molten's clean hydrogen production process with a pilot scale direct reduced iron system. Hydrogen from Molten's process can lead to net-zero steel, producing water instead of carbon dioxide. Steel is a core pillar in Molten's mission to decarbonize heavy industry and transportation, and I'm excited to work with Brenda Petrilena and the U. S. Steel team to push this technology forward! Many thanks to the Hydrogen and Fuel Cell Technologies Office, especially Tomas Green and Rebecca Erwin for the support! Thank you also the Peter Blaser and James Parker from CPFD for their work to model this system, and thank you to Joel Armin-Hoiland and the Climate Finance Solutions team and Brian Ormsby and the Pantheon Solutions team for their help in preparing an excellent proposal. Finally, a thank you to our investors and supporters who have enabled this technology to scale from the lab to pilot - Breakthrough Energy , Sozo Ventures, Union Square Ventures, Fifty Years, J4.Ventures, Moai Capital, UVC Partners, Jane Woodward, Mark Heising, and Peter Attia. Kevin Bush, myself, and the Molten team are stoked to build!

Honored to announce Molten Industries’ $25M Series A led by Breakthrough Energy Ventures, with new participation from Sozo Ventures, Mark Heising, and Steelhead. Additionally, a huge thank you for the continued support of our ride or dies - Union Square Ventures, Fifty Years, J4.Ventures, Moai Capital, UVC Partners, Jane Woodward, and Peter Attia - who have been with us from the beginning! Find the link to our press release in the comments. Thank you Michelle Ma and Rafaela Jinich for covering Molten’s progress in creating clean hydrogen for heavy industry and graphite for lithium-ion batteries. Read the article below. Finally, I am incredibly grateful for my co-founder, Caleb Boyd, and Molten’s Founding Team, Robert G. Wendt, Asmaa Alsubaei, Brandon Stitt, and Benjamin Rush. They inspire me every day and this dream wouldn’t be possible without them. We are growing and looking for passionate and talented people to join our team! Visit Molten Industries' LinkedIn page to apply.

Molten Industries is the top-ranked clean hydrogen solution for decarbonizing steel in the First Movers Coalition near zero steel challenge by the World Economic Forum and Greenhouse! Molten's process delivers continuous, hot hydrogen to steelmakers with industry-leading energy efficiency and no CO2 emissions, while producing graphite as a by-product.

Molten Industries is moving fast to scale up the US graphite supply chain with a clean, low-cost way to make battery graphite anode, as featured in The Wall Street Journal Energy and Climate Newsletter today! https://lnkd.in/gG38yRst

There’s been buzz in the New Year around Tesla, General Motors, Ford Motor Company, BMW Group and others losing the $7,500 EV tax credit. But that is the tip of the iceberg compared to what is going to happen on January 1, 2025. Why? Lithium ion batteries are >25% graphite by mass, and China dominates 97% of the graphite supply chain. Starting January 1, 2025, the US is barring the $7,500 tax credit for EV manufacturers who source their graphite from China. Almost no EVs will qualify! We need to scale domestic graphite production fast. At Molten Industries we are pioneering methane pyrolysis technology, a fundamental shift in the supply chain and cost structure of graphite, with reduced energy and environmental impacts. We’ve demonstrated that we can produce high-quality graphite anode that is a drop-in replacement for existing anode material from China with superior efficiencies in batteries. We are commissioning a pilot plant in Oakland, California to produce battery-grade graphite for qualification by battery manufacturers. We are excited to help reinvigorate American manufacturing of critical materials for the energy transition! ????

SEP is pleased to announce an update of its Hydrogen Data Consortium. The original target of 20 seats is now complete with each member having taken one or more seats specific to fit its role in the North American hydrogen ecosystem.??Members include major industry players, cutting-edge technology startups & key research organizations that are building the hydrogen economy. SEP and the Consortium members are opening some new seats to additional organizations to capture aspects of the ecosystem not yet represented. The consortium exclusively provides members with detailed, comprehensive market demand and supply data at the plant level, critical analysis tools, news tracking, and communications platform to enable business decisions for technology innovation, project development, and end-use market demand.? https://lnkd.in/ej_ysu9F #cleanenergy #cleantech #climatetech #sustainability #colorado #florida #hydrogen #hydrogeneconomy #hydrogenenergy #energytransition